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and higher education cost and not just that but if we look back historically and we move from an agrarian society to an industrial society children are free work, right? you have seven kids and to work on a family farm and by the time the kids are 10 years old there is a helping hand. when you live in the city and working in factories and doing increasingly mechanized work children are not that help. they are simply a cost. this is one of those factors pushing us in that direction. now another big change is the nature of the welfare state. this is something which didn't exist in ninteenth-century 19thy ninteenth-century america. we were basically on our own. as we got older children to care of us in one of the basic reasons to have children. you have a gaggle of kids and you hope that one of them at least it's a good one and will look after you. and now we don't need to have that anymore. we have social security and medicare. it's still nice to have a child ... and to look at you as you begin to drool and watch more jeopardy but it's no longer necessary. all these little things and these
of living, how your land costs, higher child care costs and education costs, and not just that but if you look back historically and the industrial society in the agrarian society you have seven kids and you are working on a family farm there is a healthy hand. when you are working in the factories and to bring the increased work children are simply a cost and this is one of those factors pushing us in that direction. another big change. the nature of the welfare state that excess in 19th century america. we were basically on our own and our children to care. one of the basic reasons to have children. you have a gaggle of kids and one of them at least is a good and now we don't need to have that anymore. we have social security and medicare and it's nice to have a child to look after you and watch more jeopardy but it's no longer necessary. and it's all these little things. these changes, some bigger, some smaller has pushed us in the direction of having fewer and fewer children >> host: back to the issue that you raised. you mentioned this around the book. you talk about the increasing p
a period of years. and her goal is to educate people so that this great depression would never happen again. but it's very much in the way an idea that we can teach people certain skills. and if they learn the skills we will all be okay. but what goes on overtime is personal-finance slowly becomes severed, to a great extent from them. so it becomes less about the political backbone of it, which is always to be fair to sylvia porter for good part of her career a huge part of the things. she was a devout keynesian for example. and come simply a list of tips. it becomes in a way like any other form of self-help, be it how it to toilet train your toddler, follow these 10 steps and all will be okay. and if you don't follow these 10 steps, it won't be okay. and, therefore, if he did follow these 10 steps, it has to of worked out. and if it didn't work out, then you didn't follow these 10 steps. it's all on you. another prepared of years what happened to starting to happen with a personal-finance. >> host: do you see the same fellow i saw between maybe financial media and fashion media, typically
Search Results 0 to 2 of about 3